24 May 2019

Greater China

  • Zhang Shiping oversaw the growth of China Hongqiao Group into the world’s largest aluminum producer. File photo: Reuters

    China aluminum tycoon Zhang Shiping dies at 73

    May 24, 2019 12:48pm
    Zhang Shiping, who oversaw the rise of China Hongqiao Group into the world’s biggest aluminum producer, died on Thursday at the age of 73, Reuters reports, citing a statement from the firm. Zhang, who in 1994...
  • Neodymium mined in Baotou, China. The country dominates global production of rare earths. Photo: Bloomberg

    Rare earths are no weapon in a trade war

    - May 24, 2019 11:10am
    Rare earth reserves are not a trade war game-changer. Here’s why: 1. There are abundant reserves. The US has several years of its annual consumption in domestic reserves and can also use alternative sources. 2. Most...
  • A Hikvision logo is seen at an exhibition during the World Intelligence Congress in Tianjin on May 16. The company's products have been put to use for large-scale video surveillance in China. Photo: Reuters

    US may blacklist China’s Hikvision over Uighur crackdown: report

    May 23, 2019 9:55am
    The United States is considering Huawei-like sanctions on Chinese video surveillance firm Hikvision, in action related to China’s treatment of its Uighur Muslim minority, Reuters reports, citing a person briefed on the matter. Hikvision was named...
  • China must overcome various major risks and challenges from home and abroad, President Xi Jinping said this week as the Sino-US trade war intensified. Photo: Reuters

    Prepare for difficult times, Xi tells Chinese amid US trade war

    May 23, 2019 9:34am
    China must prepare for difficult times as the international situation has become increasingly complex, President Xi Jinping said in comments carried by state media on Wednesday, Reuters reports. During a three-day trip this week to the...
  • Same-sex marriage supporters shout outside the parliament in Taipei on Friday during a vote on draft bills of a same-sex marriage law. Photo: Reuters

    Taiwan parliament endorses same-sex marriage

    May 17, 2019 3:33pm
    Taiwan parliament on Friday approved a same-sex marriage bill, paving way for the self-ruled island to become the first jurisdiction in Asia to legalize “permanent unions” between gay couples. Lawmakers from the majority Democratic Progressive Party...
  • Online and video game addiction is causing health problems, particularly eyesight-related issues, for China's young people, authorities say. Photo: Reuters

    Is Tencent to blame for vision problems of Chinese teens?

    - May 16, 2019 12:36pm
    Chinese social media and gaming giant Tencent released its latest financial report on Wednesday, unveiling a better-than-expected net profit growth of 17 percent for the three months to March. However, it was not all good news,...
  • China's move to block Wikipedia came ahead of the 30th anniversary of the 1989 pro-democracy Tiananmen Square protests. Photo: Bloomberg/Wikipedia

    Wikipedia says it has been blocked in China

    May 16, 2019 9:43am
    Authorities in China have blocked Wikipedia, Reuters reports. “In April, the Wikimedia Foundation determined that Wikipedia was no longer accessible in China,” Samantha Lien, spokeswoman for the Wikimedia Foundation, which owns Wikipedia, said in an email....
  • A file photo of former Interpol boss Meng Hongwei who had gone missing after travelling to his home country China from France last year. Credit: Reuters

    France grants asylum to wife of Chinese ex-Interpol chief

    May 16, 2019 9:15am
    France has granted asylum to the wife of a former head of the international police cooperation agency Interpol, after he was charged in his native China with corruption, Reuters reports, citing the wife’s lawyer. Grace Meng...
  • China has been shedding capital and talent through migration of its wealthy elite, promoting the government to take steps to stem the outflow. Photo: Bloomberg

    China’s millionaires ponder: Leave or remain?

    - May 16, 2019 9:00am
    Every year for the last decade or so media reports would appear focusing on the plans of China’s millionaires to leave the country. It was unclear how candid such high-net-worth individuals were in responding to interviewers...
  • Guizhou's future is closely tied to the outcome of the US-China trade talks. Photo: Xinhua

    How the trade war could impact China’s big data hub Guizhou

    - May 14, 2019 1:10pm
    I visited Guizhou again last week, and was so impressed by the local big data and tourism industry developments there. The remote province in southwestern China used to be poor and lagging far behind other regions...
  • Foxconn chairman Terry Gou wore a cap that bears both the US and ROC flags when he met with US President Donald Trump recently. Photo: Bloomberg

    Terry Gou’s ‘hat trick’ stirs cross-strait controversy

    - May 10, 2019 7:14pm
    Terry Gou Tai-ming, chairman of the Hon Hai Precision Industry Co. (Foxconn), has remained the focus of public and media attention across the strait ever since he announced his candidacy for the 2020 Taiwanese presidential election. A...
  • Taiwan President Tsai Ing-wen said Beijing's influence operations included attempts to interfere with elections and fake news campaigns. Photo: Reuters

    Taiwan president says China stepping up infiltration efforts

    May 10, 2019 1:04pm
    Taiwan President Tsai Ing-wen said on Friday that China has stepped up its efforts to infiltrate and gain influence in Taiwan and she asked national security agencies to counter Beijing’s efforts, Reuters reports. Tsai, speaking to...
  • Kashgar residents attend a Chinese lesson at a vocational educational training center in the city during a government-sponsored trip for foreign diplomats and journalists to Xinjiang. Photo: Reuters

    Sustainability of Chinese re-education may be tested

    - May 7, 2019 10:20am
    The effectiveness of China’s efforts to brainwash Uighurs and Central Asian Muslims in the troubled northwestern province of Xinjiang may be tested. With the recent release of 40 Uighur wives of Pakistani traders, businessmen and professionals,...
  • President Xi Jinping hailed the May 4th student leaders as patriots who opposed imperialism and feudalism. However, he told today’s students that their job was to “follow the instructions and guidance of the Party”. Photo: Bloomberg

    How the Communist Party hijacked the May 4th Movement

    - May 7, 2019 8:00am
    A hundred years ago this month, on May 4, 1919, demonstrations erupted in China as students, primarily from Peking University, poured into Tiananmen Square to protest events half a world away, where western nations – primarily...
  • The May Fourth Movement took place two years before the founding of the Communist Party of China. And it wasn’t until after 28 years of armed revolution that the People’s Republic was finally born. Photo: Xinhua

    The 100th anniversary of the May Fourth Movement

    - May 3, 2019 5:48pm
    This Saturday marks the 100th anniversary of the monumental May Fourth Movement, which precedes the arrival of the “two centenaries”. Officially, for the mainland, the two goals of the two 100-year anniversaries, or the two centenary...
  • A Chinese Navy submarine takes part in a naval parade off the eastern port city of Qingdao in April. The Pentagon report said China’s military has made modernizing its submarine fleet a high priority. Photo: Reuters

    Pentagon warns on risk of Chinese submarines in Arctic

    May 3, 2019 11:51am
    Deepening Chinese activities in the Arctic region could pave the way for a strengthened military presence, including the deployment of submarines to act as deterrents against nuclear attack, the Pentagon said in a report. The assessment...
  • Taking note of criticism in relation to Belt and Road projects, Xi Jinping said last week that China should proceed in ‘a transparent way’. Photo: Reuters

    China’s Belt and Road: What to expect from Japan

    - Apr 29, 2019 4:25pm
    China did a rare thing at the Belt and Road Forum in Beijing last week: it admitted that it had made mistakes and pledged to do better in future. Agreed, there was no open admission of...
  • China’s iron and steel sector should work to avoid illicit increase in new capacity, reduce leverage and push forward with the restructuring of “zombie firms”, an industry association said. Photo: Reuters

    China iron & steel assn warns on overcapacity, shrinking profits

    Apr 29, 2019 9:11am
    The China Iron and Steel Association warned on Sunday that the industry faces ongoing risks from excess capacity, as well as sluggish demand and increased raw material costs that could squeeze profits, Reuters reports. The nation’s...
  • Aside from having a vast business empire, Terry Gou is friends with Chinese President Xi Jinping and US President Donald Trump, which should make him a much more pragmatic leader than other Taiwanese politicians. Photo: Reuters

    Gou may bring China and Taiwan closer economically if he wins

    - Apr 25, 2019 11:48am
    Terry Gou, the founder of Foxconn Technology Group, is running for Taiwan president. If he wins, he may be able to bring Taiwan and mainland China closer in economic terms. Taiwan’s business prospects could become much...
  • As Sino-US trade talks continue, the hawks within the White House are calling for tariffs on some goods to be maintained to ensure that Beijing implements the terms of an agreement. Photo: Bloomberg

    China losing attraction for American firms

    - Apr 25, 2019 11:30am
    As the Sino-US conflict spreads from trade to telecoms and academia, US investors in China are trapped in the middle. The country is losing its attraction for them. “Foreign companies have seen their prospects in certain...

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